2020 MKD to ANG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MKD to ANG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MKD to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0358. Conversely, the yearly low was recorded on February 9, dropping to 0.0282.
This high-to-low spread represents a total annual volatility of 0.0076 ANG. From a start-to-finish perspective, comparing the January average rate of 0.0301 to the December average rate of 0.0355, the exchange rate registered a net change of 17.86% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 0.0358 was up 3.15% compared to the 2019 peak of 0.0347, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
MKD to ANG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0315, compared to 0.0344 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was February, with a trading range of 0.0037 ANG (High: 0.0319 / Low: 0.0282). On the other end, October was the most stable month, with a tight range of 0.0005 ANG (High: 0.0346 / Low: 0.0340).
Growth Streaks & Declines
TrendsBetween April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0005 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 0.0355) against the same month in 2019 (average: 0.0307), the exchange rate shifted by +0.0047 (+15.35%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0309 | 0.0293 | 0.0301 |
| February | 0.0319 | 0.0282 | 0.0305 |
| March | 0.0332 | 0.0310 | 0.0321 |
| April | 0.0319 | 0.0313 | 0.0316 |
| May | 0.0324 | 0.0314 | 0.0318 |
| June | 0.0331 | 0.0324 | 0.0328 |
| July | 0.0345 | 0.0327 | 0.0334 |
| August | 0.0348 | 0.0342 | 0.0344 |
| September | 0.0347 | 0.0339 | 0.0343 |
| October | 0.0346 | 0.0340 | 0.0343 |
| November | 0.0348 | 0.0339 | 0.0345 |
| December | 0.0358 | 0.0349 | 0.0355 |